Based on the acreage under cultivation at the beginning of June 2013, the Australian Ministry of Agriculture estimates its grain harvest at a total of 37 million tons at the end of 2013 (previous year: 32.5 million tons; previous year: 42.6 million tons). Wheat is expected to yield an average of 25.4 million tons, around 3 million tons more than in the previous year. Other cereals are estimated at 11.4 million tons, an increase of around 1 million tons on the previous year. The rapeseed harvest is 0.5 million tons lower at 3.2 million tons. Overall, the result is average.
At around 25 million tons, exports are only slightly higher than in the previous year. Wheat accounts for around 19.6 million tons and other cereals for around 5.8 million tons.
The weather forecasts for the growing regions in the south-west and east of Australia are expected to deliver average rainfall conditions. Soil moisture in various soil layers is predominantly in the favorable range. In any case, extreme conditions such as EL Nino or La Nina are not expected. However, this can change relatively quickly in Australia.
The Australian harvest, in combination with the Argentinian harvest, forms the decisive connecting supply to the results in the northern hemisphere.
